Media Moves

Talking Biz News Today – Jan. 4, 2023

Some of Wednesday’s top business news stories:

The Associated Press

Global stock markets gain ahead of Fed update, by Joe McDonald

Twitter says it will relax ban on political advertising

CNN

Apple has lost $1 trillion in market value in a year, by Samantha Murphy Kelly

Microsoft gets its first US union, by Jennifer Korn and Catherine Thorbecke

The Wall Street Journal

Salesforce to Lay Off 10% of Workforce, Reduce Offices, by Will Feuer

Southwest Airlines Offers 25,000 Points to Passengers Hit by Travel Meltdown, by Dawn Gilbertson

CNBC

Manhattan apartment sales plunge in fourth quarter as brokers fear a frozen market, by Robert Frank

Mortgage demand plunges 13.2% to end 2022, as interest rates head higher again, by Diana Olick

Reuters

Amazon secures $8 billion term loan

Shopify launches new subscription product to lure big retail clients

News about business journalism:

Forbes hires Whitmire as senior editor for newsletters

Axios taps Sparber to cover real estate

Forbes taps Murray as explainers and trends reporter

Pringle joins Fortune’s European bureau

PR Week hires Ruderman as a senior reporter

Politico hires Crain’s New York’s Kaufman to cover health care

WSJ hires Timms as national legal affairs reporter

Insider names Smith deputy editor on the audience team

Politico hires Insider’s Schumaker for health care team

Siu taking over “10 Things in Tech” newsletter at Insider

Nededog, Chitwood named co-executive editors at The Wrap

Politico reporter Wax moves from ag/food beat to politics

Daily Upside hires Protocol’s Rubio as senior reporter

Royle joins Fortune as a biz reporter in London

Haburchak joins WSJ as editorial director, audio

New beat in Paris for FT’s Klasa

Politico hires Zimmermann as sustainability reporter

Mariam Ahmed

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